Question: The 1 0 - year, 3 - month spread turned negative most recently in October 2 0 2 2 . In May 2 0 2

The 10-year, 3-month spread turned negative most recently in October 2022. In May 2023 the spread had declined to -1.74%, the most negative it had been since the early 1980s. As of July 2024, the spread stood at a negative 1.17%. Historical record predicts an economic recession following such a prolonged inverted yield curve.
What was the Treasury yield spread between the 3 month and 10 year Treasury yields as of July 2024? Answer in percent showing two decimal places.

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